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Tamilnad Mercantile Bank Ltd
NSE:TMB

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Tamilnad Mercantile Bank Ltd
NSE:TMB
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Price: 630.2 INR -2.08% Market Closed
Market Cap: ₹99.8B

Net Margin

37.5%
Current
Declining
by 0.7%
vs 3-y average of 38.2%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
37.5%
=
Net Income
₹11.8B
/
Revenue
₹31.5B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
37.5%
=
Net Income
₹11.8B
/
Revenue
₹31.5B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Tamilnad Mercantile Bank Ltd
NSE:TMB
99.6B INR
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US
JPMorgan Chase & Co
NYSE:JPM
870.4B USD
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ZA
Capitec Bank Holdings Ltd
JSE:CPI
512.3B ZAR
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ZA
Standard Bank Group Ltd
JSE:SBK
501.9B ZAR
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US
Bank of America Corp
NYSE:BAC
408.1B USD
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CN
Industrial and Commercial Bank of China Ltd
SSE:601398
2.6T CNY
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CN
Agricultural Bank of China Ltd
SSE:601288
2.3T CNY
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CN
China Construction Bank Corp
SSE:601939
2.3T CNY
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UK
HSBC Holdings PLC
LSE:HSBA
225.3B GBP
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US
Wells Fargo & Co
NYSE:WFC
291.7B USD
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CA
Royal Bank of Canada
TSX:RY
325.7B CAD
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Market Distribution

Higher than 92% of companies in India
Percentile
92nd
Based on 5 531 companies
92nd percentile
37.5%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

Other Profitability Ratios

Tamilnad Mercantile Bank Ltd
Glance View

Market Cap
99.8B INR
Industry
Banking

Tamilnad Mercantile Bank Ltd. engages in the provision of banking services. The company is headquartered in Thoothukudi, Tamil Nadu. The company went IPO on 2022-09-15. The bank operates through four segments: Treasury, Corporate / Wholesale Banking, and Retail Banking. Its treasury operations focus on the management of its funds, maintenance of statutory reserves (cash reserve ratio and statutory liquidity ratio), asset liability gaps, interest rate risks, liquidity positions, investments, and trading activities. The company also manages trades in equity and forex instruments. The bank offers commercial banking products to its customers including current account facilities, online services, such as Internet banking, and short message service (SMS) alerts, and foreign exchange services. The company provides various kinds of loans. The company also offers other services including online fee payment, online bill payment, forex services, and Demat services. The bank offers a secure application, TMB DigiLobby, for customers to view all their account balances and transactions on their mobile devices.

TMB Intrinsic Value
412.47 INR
Overvaluation 35%
Intrinsic Value
Price
T
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
37.5%
=
Net Income
₹11.8B
/
Revenue
₹31.5B
What is Tamilnad Mercantile Bank Ltd's current Net Margin?

The current Net Margin for Tamilnad Mercantile Bank Ltd is 37.5%, which is below its 3-year median of 38.2%.

How has Net Margin changed over time?

Over the last 3 years, Tamilnad Mercantile Bank Ltd’s Net Margin has increased from 35.3% to 37.5%. During this period, it reached a low of 35.3% on Jun 30, 2022 and a high of 38.7% on Sep 30, 2024.

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